The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-01-09
$3.50. 100000 IN INTEREST
HAS BEEN PAID cur WITHIN A
FEW DAYS.
Prod ueiUg Goods hs labor
Question Less Troublesome
ESPECIAL TO THE ArPEAL.l

HILsDALPHIA. Pa, January 8.-A
slight monetary ttrint ency exists among
small traders because of he conservative
course pursued at fIancial centsrs. o. or
$3.50, l0O,mO have been paid out n interest
add dividends within few days in the East
an Keller will soon BE- felt. The year has
been phenomenal ono in all r, spects, and
the coming yer promise. to ,urpa5s it.
Enorrous contracts are being placed every
Gay in iroa. steel, lumber, petroleum, tex
tia g. DDS and machine ry list prices will ad-
vau3e baiorespring. UJy goods, knit goods and
carpet manu- astlre1s are busy and an enor-
nous consumiton is preparing thD way Tor
the heavy production gOirg 90. Machinery
makers cannot fl 4 orders fast enough in all
branches. New car and locQmO i've orders
have been p aced this week The iron and
steel industries are forging ahead, Twelve
thousand miles Of rail are sold, and rails for
2O0O miller, or the M ateria for III. In, will be
bought abroad. The car builders can prom
Use very little now business until after Ap il
lat. Wool is weak. Western farmers will
be pleased to know that Europe will want
20O0O0 bushels per week Of wheat and
four. Lopdun stocks are reduced to l0,0 10
900 bushels, az against q, 0J,O00 q year ago.
London scabes US that all the promised sup
plies for the next three months wan be equal
to the demand. Large wheat sale are being
made at all Atlantic ports.
Grooer es and provi ions of all kinds will
continue in abundant supply. Cotton is
quiet. Total exp rita for the season are
IgSOoObO .Dhletg against AtJ1o 40 Ouleb Same
time last season. l poris Of W oil, cotton,
elk and dry goods last yesr, 1913, 100 90, as
agsinst SSD, 0OO, 900 for 1885, a. New York.
The boot and shoe manufac cries are
crowding production aVain. The paper n ills
are on full time. Nea.ly all the hardware
aud cutlery manufactures are on iull tin o.
The clothing maker have sold more goods
than during any former season. The expCrt
trade in meats and pgoy 'siun' of all kin is
will be large during thi, year, European
markets are appreciatiug American sup
plies much be ter, and emp' Oym.nt is more
general ence the demand for American
products is greater. Pig iron has advanced
81 per ton last year. Steel RAJ s So. Plate
iron 81. Lumber IL about the same A
sharp rise in the lrice OF wheat is expected
by such authority as Henry Kemp, OF New
YORK. FurOpean speculat rs have their
eyes on tho American market.
The labor Question viii prove less trouble
tome this year than last. In several large
cities action has been taken within a few
DAYS against striking fer higher wages or
fewer hours. The conservative ele q enL viii
PROBABLY prevail. The intention IS to eK-
tend organ 8atiOn more firmly and to secure
national and state legislative enac' ments.
Wa,e remain Tor the most part unchanged,
he trade PROSPECTS, are very iavOI aole.
Manufacturers anticipate a2l per cent. in
crease in tha volume of bu inets next year
and q 10 per cent. n crease in margins,
Railroad presidents believe this years rail
road track laying will eclipse all record,
Coal mining Will make rapid strides.